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Home World Asia Pacific

China bans export of critical minerals to US as trade tensions escalate

3 December 2024
in Asia Pacific
0
China bans export of critical minerals to US as trade tensions escalate
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Reuters reported that China banned exports of critical minerals to the United States, including gallium, germanium, and antimony, following Washington’s semiconductor crackdown. The move heightened trade tensions between the two largest economies, raising concerns that Beijing may target other minerals like nickel or cobalt. This development comes ahead of President-elect Donald Trump taking office and has significant global implications.

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Tags: bansChinacriticalescalateexportmineralstensionstrade
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